Archive · 22 Jan 2026
Hannah Joseph Hospital IPO Day 1
Hannah Joseph Hospital is having an IPO to raise money.
The IPO started on January 22 and will end on January 27.
The price for each share is between ₹67 and ₹70.
On the first day, only 17% of the shares were bought, with retail investors buying 5% and big investors buying 67%.
The hospital wants to use the money to improve its services and build a new center for treating cancer with radiation.
The hospital is in Madurai and has 150 beds.
It specializes in treating brain, heart, mental health, and injury problems.
The shares are not selling for more or less than the set price in the grey market.
Hannah Joseph Hospital IPO is open from January 22 to January 27, with a price band of ₹67 to ₹70 per share.
On Day 1, the IPO was subscribed 17%, with retail investors subscribing 5% and NIIs subscribing 67%.
The IPO aims to raise ₹42 crore through the issuance of 60 lakh new shares.
Proceeds will be used to enhance services and establish a radiation oncology center.
The hospital is a multi-specialty healthcare center in Madurai with 150 beds, specializing in Neurology, Cardiology, Psychiatry, and Trauma care.
- Who
- Hannah Joseph Hospital Limited
- What
- Initial Public Offering (IPO)
- When
- January 22 to January 27
- Where
- Madurai, India
- Why
- To enhance services and establish a radiation oncology center
- IPO Period
- January 22 to January 27
- Price Band
- ₹67 to ₹70 per share
- Minimum Bid
- 2,000 shares
- Total Issue Size
- ₹42 crore (60 lakh shares)
- Day 1 Subscription
- 17% (Retail: 5%, NII: 67%)
- GMP
- ₹0 (No premium or discount)
- Company Location
- Madurai, India
- Specialties
- Neurology, Cardiology, Psychiatry, Trauma care